Starling Bank raises £75 million to fund its expansion

Starling Bank, a leading digital banking platform, has raised £60 million in a Series C funding round led by Merian Global Investors.

 

The challenger bank has also raised a further £15 million from its existing investor, bringing the total to £75 million.

 

The funding will be used to support Starling’s pioneering financial products in retail and SME banking as well as banking services in the UK. It will also enable the digital bank to accelerate its global expansion, focusing primarily on Europe.

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